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Using Credit Subsidies to Counteract a Credit Bust : Evidence From Serbia
Author/Editor: Jiri Podpiera.
Release Date: December, 2011Price: $18.00
Emerging markets are particularly vulnerable to boom-bust credit cycles, due to excessive capital flows, shallow equity markets, and companies'' high leverage and open FX positions. While the policy more...
Republic of Serbia : Selected Issues
Release Date: February, 2008Price: $18.00
High capital inflows and rising vulnerabilities underscore the importance of a comprehensive approach to ensuring stability. Standard balance sheet indicators mask a substantial build-up of exposures more...